StrategyOne’s recent survey found that Americans see a double-dip recession as a real possibility and fear Europe’s financial problems will harm the US economy.
65% of Americans say it’s likely that the US will experience a double dip recession, compared with just 35% who say it’s not likely to happen.
72% believe that Europe’s financial problems are likely to harm the US’ economic recovery, compared with just 28% who say the US is largely insulated.
Additionally, the survey also found that 57% of Americans are fearful about running out of money in the next year and 44%―nearly half the country― agrees that if things get much worse, they could easily see their family slipping into bankruptcy.
This is not surprising given that two in three (67%) Americans report they are living paycheck to pay check—making it clear just how many American families are living on the edge.